Strategy's CFO Andrew Kang and director Jarrod M. Patten sold significant shares recently, coinciding with nearly a 10% drop in Strategy's stock amid Bitcoin market volatility. Kang sold 5,597 shares worth about $927,866, while Patten sold 5,250 shares valued at $875,087, mainly to cover tax obligations. Despite these sales, both insiders retain substantial holdings. Former CEO Michael Saylor remains bullish, predicting a Bitcoin rally and affirming the company's commitment to buying Bitcoin mined through 2140. Strategy shares currently trade around $163, down about 1% on the day.
In 2026, the Fidelity Crypto Industry and Digital Payments ETF (FDIG), which holds companies involved in bitcoin and crypto, has gained 18.52%, while the iShares Bitcoin Trust ETF (IBIT), holding only bitcoin itself, has dropped 6.4%. FDIG’s better p...
Strategy holds 843,738 Bitcoin worth $64.83 billion, exceeding its $58.6 billion market value. Despite a 58% drop in its stock price over the past year, Michael Saylor continues to buy Bitcoin, recently adding $2 billion worth. The company’s stock tr...
Michael Burry, known for predicting the 2008 crash, warns the current AI-driven Nasdaq rally resembles the dot-com bubble, signaling a potential 40-50% drop in tech stocks. Bitcoin's price is now closely tied to tech stocks due to institutional inves...
